PKS Advisory Services LLC Invests $864,000 in Schwab US Dividend Equity ETF (NYSEARCA:SCHD)

PKS Advisory Services LLC bought a new stake in Schwab US Dividend Equity ETF (NYSEARCA:SCHD) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 31,617 shares of the company’s stock, valued at approximately $864,000.

Other institutional investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division raised its holdings in Schwab US Dividend Equity ETF by 200.0% in the fourth quarter. Central Pacific Bank Trust Division now owns 906 shares of the company’s stock valued at $25,000 after acquiring an additional 604 shares in the last quarter. Hoese & Co LLP purchased a new stake in shares of Schwab US Dividend Equity ETF in the 4th quarter valued at about $26,000. Moisand Fitzgerald Tamayo LLC boosted its holdings in shares of Schwab US Dividend Equity ETF by 294.3% in the fourth quarter. Moisand Fitzgerald Tamayo LLC now owns 1,041 shares of the company’s stock valued at $28,000 after acquiring an additional 777 shares during the period. PFG Private Wealth Management LLC grew its position in Schwab US Dividend Equity ETF by 200.0% during the 4th quarter. PFG Private Wealth Management LLC now owns 1,029 shares of the company’s stock worth $28,000 after purchasing an additional 686 shares during the last quarter. Finally, IFS Advisors LLC increased its position in Schwab US Dividend Equity ETF by 184.4% in the 4th quarter. IFS Advisors LLC now owns 1,078 shares of the company’s stock valued at $29,000 after acquiring an additional 699 shares during the period.

Schwab US Dividend Equity ETF Stock Up 1.2 %

Shares of NYSEARCA:SCHD opened at $28.09 on Tuesday. The company has a 50-day moving average price of $27.97 and a 200 day moving average price of $28.13. The company has a market cap of $69.66 billion, a P/E ratio of 17.56 and a beta of 0.86. Schwab US Dividend Equity ETF has a 52 week low of $25.18 and a 52 week high of $29.72.

Schwab US Dividend Equity ETF Company Profile

The Schwab U.S. Dividend Equity ETF (SCHD) is an exchange-traded fund that is based on the Dow Jones U.S. Dividend 100 index, a market-cap-weighted index of 100 dividend-paying US equities. SCHD was launched on Oct 20, 2011 and is managed by Schwab.